Senior Accounts Executive

Job Description (JD) - Senior Executive Finance & Accounts

Designation: Senior Executive - Finance & Accounts
Department: Finance & Accounts
Qualification: B.Com / M.Com / Graduate in Commerce/CA semi qualified preferred / Any Graduate
Experience: 3 - 5 Years
Location: Bhiwandi

Job Purpose
To support the Finance & Accounts team in accounting operations, TDS compliance, month-end closing activities, balance sheet schedules, and financial reporting requirements while ensuring compliance with statutory and company policies.

Key Responsibilities

1. Accounting & Bookkeeping

• Reconcile vendor, customer, and general ledger accounts.
• Support monthly and yearly book closure activities.
• Assist in maintaining fixed asset records and schedules.

2. TDS Compliance

• Deduct TDS as per applicable provisions of the Income Tax Act.
• Verify TDS applicability on vendor invoices and payments.
• Prepare TDS workings and reconciliation.
• Coordinate for timely filing of TDS returns.
• Assist in issuance and reconciliation of TDS certificates (Form 16A).
• Resolve vendor queries related to TDS deductions.

3. Balance Sheet & Reconciliations

• Prepare and maintain balance sheet schedules.
• Perform monthly reconciliation of:
• Bank Accounts
• Vendor Accounts
• Customer Accounts
• Advances & Deposits
• TDS Receivable/Payable
• GST Ledgers
• Support balance sheet review and substantiation process.

4. Financial Reporting Support

• Assist in preparation of monthly MIS reports.
• Compile financial data required for management reporting
• Support statutory audit, internal audit, and tax audit requirements.
• Assist in preparation of financial statements and disclosures.

5. Compliance & Documentation

• Maintain proper accounting records and supporting documents.
• Ensure compliance with internal controls and SOPs.
• Coordinate with auditors, consultants, and internal stakeholders for information requirements.

Required Skills

• Good knowledge of Accounting Principles.
• Working knowledge of TDS provisions.
• Basic understanding of GST.
• Knowledge of balance sheet schedules and reconciliations.
• Strong Excel skills (VLOOKUP, XLOOKUP, Pivot Tables, SUMIFS).
• Experience in ERP systems (SAP, Oracle, Tally, etc.).
• Good communication and analytical skills.